TIPX

State Street SPDR Bloomberg 1-10 Year TIPS ETF

$19.18
+0.00%
Market closed. Last update: 10:49 PM ET

📎 Investment Objective

The SPDR Bloomberg 1-10 Year TIPS ETF (TIPX) seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Bloomberg 1-10 Year Government Inflation-Linked Bond Index.

Overview

ETF tracking State Street SPDR Bloomberg 1-10 Year TIPS ETF

Category Treasury
Issuer State Street
Inception Date 2013-05-30
Market Cap $1.7B
Average Volume N/A
Dividend Yield 3.07%
52-Week Range $18.41 - $19.39
VWAP $19.20

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The SPDR Bloomberg 1-10 Year TIPS ETF (TIPX) seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Bloomberg 1-10 Year Government Inflation-Linked Bond Index.

🎯 Investment Strategy

The fund invests in a portfolio of inflation-protected public obligations of the U.S. Treasury, commonly known as 'TIPS', with remaining maturities of 1 to 10 years. The fund's strategy is to replicate the performance of the underlying index by holding the same securities in the same proportions.

✨ Key Features

  • Exposure to short to intermediate-term U.S. Treasury Inflation-Protected Securities (TIPS)
  • Seeks to track the Bloomberg 1-10 Year Government Inflation-Linked Bond Index
  • Low expense ratio of 0.00%
  • Potential for inflation protection and stable real returns

⚠️ Primary Risks

  • Interest rate risk: TIPS prices may decline when interest rates rise
  • Inflation risk: If realized inflation is lower than expected, TIPS may underperform nominal Treasuries
  • Tracking error risk: The fund may not perfectly track its underlying index
  • Liquidity risk: TIPS may have lower liquidity compared to nominal Treasuries

👤 Best For

This ETF may be suitable for investors seeking short to intermediate-term exposure to inflation-protected U.S. government bonds as part of a diversified fixed income portfolio. It may be particularly appealing to investors concerned about the impact of inflation on their investments.